Lorenzo Simonelli
2019
In 2019, Lorenzo Simonelli earned a total compensation of $14.9M as Chairman, President & CEO at Baker Hughes Co, a 6% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,867,854 |
|---|---|
| Non-Equity Incentive Plan | $2,212,500 |
| Option Awards | $2,249,999 |
| Salary | $1,437,500 |
| Stock Awards | $6,695,154 |
| Other | $459,614 |
| Total | $14,922,621 |
Simonelli received $6.7M in stock awards, accounting for 45% of the total pay in 2019.
Simonelli also received $1.9M of change in pension value and nonqualified deferred compensation earnings, $2.2M in non-equity incentive plan, $2.2M in option awards, $1.4M in salary and $459.6K in other compensation.
Rankings
In 2019, Lorenzo Simonelli's compensation ranked 340th out of 13,971 executives tracked by ExecPay. In other words, Simonelli earned more than 97.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 340 out of 13,971 | 98th |
Division Manufacturing | 120 out of 5,701 | 98th |
Major group Industrial And Commercial Machinery And Computer Equipment | 16 out of 466 | 97th |
Industry group Construction, Mining, And Materials Handling | 2 out of 70 | 97th |
Industry Oil and Gas Field Machinery and Equipment | 2 out of 38 | 95th |
Source: SEC filing on March 26, 2020.
Simonelli's colleagues
We found four more compensation records of executives who worked with Lorenzo Simonelli at Baker Hughes Co in 2019.